Most Czech entrepreneurs support euro adoption
Over three quarters of entrepreneurs in the Czech Republic would support the country’s accession to the euro zone, according to a survey made in connection with the tenth anniversary of the Czech Republic's entry in the EU. A quarter of those polled believe that the country should have adopted the euro already, nearly 30 percent support its adoption in 2018 to 2020 and some 22 percent think that the country should join the euro zone after 2020. Only 23 percent of the entrepreneurs are against euro adoption. Around three quarters of the entrepreneurs think that joining the EU was favourable for their company. They praise mostly free movement in the Schengen Area, EU subsidies and support instruments, the internal market and higher chances for trade. As for the main disadvantages of EU membership, domestic entrepreneurs cite higher bureaucracy and excessive regulation.